Michael E. Buckley

Michael's practice involves commercial and real estate law with an emphasis on commercial lending, including workouts and foreclosures, commercial real estate acquisitions and dispositions and master planned communities. He has experience in ground leasing, municipal development agreements and residential and mixed use projects. His clients have included financial institutions and other lenders, developers of common interest communities and other commercial developments, public entities and nonprofits.

Michael was an English major in college and found the research and abstract thinking required in law school fascinating, he still enjoys it, and the process of solving problems.

Michael still stays close to his English major roots. As one of nine children, he is the family historian. He spent a year abroad writing a memoir and is an unpublished poet. Outside of work, Michael enjoys traveling, whether it's visiting his son who runs a restaurant in Taipei or helping an NGO in Haiti, Africa, Brazil or Vietnam.

Representative Transactions

Represented lender in connection with a defaulted $50 Million New York loan secured by Nevada and Florida real estate with Pennsylvania guarantors. Commenced and completed non-judicial Nevada foreclosure without significant delays and participated with firm litigation counsel in suit against the guarantors in Nevada involving significant 2011 Nevada foreclosure and guaranty law amendments subject to a variety of interpretations. Initiated draft settlement agreement providing for uncontested foreclosures or deeds in lieu and an agreed upon deficiency.

Represented the University of Nevada, Las Vegas (UNLV) in the negotiation of an Exclusive Negotiation Agreement (ENA), subsequently approved by the Board of Regents. The ENA provided for a period during which UNLV and Majestic Realty Co., a California developer, would negotiate the terms and conditions under which Majestic, which had prior experience in developing and constructing similar facilities, would develop and construct an on-campus mega event stadium and related hospitality and retail facilities. The ENA provided for a process by which the terms and conditions of various implementing agreements would be negotiated and agreed to in phases, as well as the means to terminate the negotiations.

Represented the developers of high rise condominium projects adjacent to the Las Vegas Strip (Panorama Towers) and in downtown Las Vegas (Newport Lofts and Juhl). Representation included preparing and negotiating agreements for the acquisition of the various sites; preparation of the declaration and various documents creating the condominium associations and the sale of condominium units, including public offering statement, HUD ILSA registrations, and end user purchase and sale agreements. Representation also included negotiation of first mortgage and mezzanine financing loans for the projects, as well as subsequent loan modifications. Portions of the Juhl site in downtown Las Vegas were acquired from the City of Las Vegas through a Disposition and Development Agreement (DDA) and were additionally subject to easement and encroachment agreements with the City for the use of public airspace.

Represented the developer of the Nevada Solar One project in Boulder City, Nevada in connection with matters relating to Nevada real estate law, including title, easements, leasing and Nevada mortgage lending issues.

Represented the owner and developer of Aliante following its acquisition of the 1905 acre site in a BLM land auction. Aliante is a mixed use master planned community in North Las Vegas, Nevada which includes approximately 6,500 homes, commercial shopping centers and a resort hotel/casino. Representation over the period of the community's development and sale included preparing and negotiating the option and sale contracts between the master developer and the various homebuilder purchasers; preparing and negotiating the development covenants for the homebuilder's parcels; preparation of the master declaration and related master association documents; and representing the master developer in connection with the bank financing for the community. Similar clients and projects included representation of the developers of Seven Hills, MacDonald Highlands and Tuscany, each of which included an onsite golf course.

Represented a national homebuilder in its negotiation of the proposed form of annexation and parks agreements with the City of Henderson. These agreements were negotiated in advance of a BLM auction of undeveloped land within the City in contemplation of the homebuilder becoming the successful bidder.

Represented a bank in connection with its leasehold mortgage financing of phase one of a golf course development owned and operated by a local Indian tribe in Las Vegas. Later representation included the same and different banks in connection with the financing of additional phases of the golf course development as well as equipment and working capital loans for the tribe.

Awards and Honors

Best Lawyers in America®, Real Estate Law, 1987-2019

Chambers USA, Leading Lawyers for Business, 2013-2018

Mountain States Super Lawyers®, Real Estate, 2007-2018

"Legal Elite," Nevada Business Magazine, 2015

Nevada's Best Lawyers®, 2013

Volunteer of the Year, State Bar of Nevada, 2013

Who's Who Legal: The International Who's Who of Business Lawyers, 2013

Top Lawyers, Vegas Inc., 2013

Mountain States Super Lawyers®, Top 100 Attorneys, 2012

International Who's Who of Real Estate Lawyers, 2012

Top 100 Attorneys in the Mountain States, Salt Lake Magazine, July 2012